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South Korean BGCC Releases the Country's ICO Guidelines

02:12 Thursday , November 08th 2018
According to Hankyung, South Korean Blockchain Governance and Consensus Committee (BGCC) released the country's ICO guidelines on Tuesday, November 6.

BGCC proposed a policy of dividing cryptocurrency into financial investment commodity (security token) and non-financial investment commodity (utility token), and claimed to apply limited capital market law to the security token.